Economy

Safaricom Plc, the Kenyan mobile-phone company that counts Vodafone Group Plc as its biggest investor, plans to revamp its corporate structure in the next two years to make it easier to expand …

The Kenya Association of Manufacturers (KAM) has urged the government to put in place measures that will enable the country to enjoy full benefits from Africa Continental Free Trade Area …

Insurance firm Sanlam Kenya narrowed its net loss to Sh287.7 million in the half year ended June on the back of a lower tax bill and reduced expenses. The company …

Sugar miller Nzoia Sugary Company is expected to resume production this Sunday after President Uhuru Kenyatta announced a Sh500 million bailout that will help the firm pay arrears that it …

Trade between Morocco and Israel saw an increase of 1% in the first half of 2022 compared to the same period last year. New data from the Abraham Accords Peace …

4G Capital, an award-winning neobank powering micro and small business growth in Africa, announced their go-live on Mambu‘s leading cloud banking platform.  4G Capital provides unsecured business loans along with enterprise training …

 KCB Group has announced plans to acquire a majority stake in a DRC-based TMB Bank marking its entry into the country with a population of over 93 million people. The …

The Capital Markets Authority (CMA) has questioned the chief executive and finance director of listed food producer Kakuzi over allegations of shifting profits abroad and conflict of interest by its …

Samsung Electronics is set to unveil its latest range of foldable devices August 10 as the company gears up for an even larger share of the smartphone market pie. The …

Celo, the global payments infrastructure that makes financial tools accessible to anyone with a mobile phone, kicked off its inaugural Africa Web3 Fund workshop in Nairobi on Tuesday, 25th July …